Question

what is the role of human capital formation​

Answer 1

Answer:

Definition of human capital formation: Human capital formation is the act of increasing the productive qualities of the labor force by providing more education and increasing the skills, health, and notarization level of the working population.Aug 14, 2018

Answer 2

Answer:

Human capital formation raises production levels and leads to economic growth by adding to GDP. 2. Knowledgeable and skilled workers can make better use of resources at their disposal.